The Pentagon Church Militant and Us
The Top Five Questions We Should Ask the Pentagon
by William J. Astore
hat tip: Tom Dispatch
When it comes to our nation’s military affairs, ignorance is not bliss. What’s remarkable then, given the permanent state of war in which we find ourselves, is how many Americans seem content not to know.
There are many reasons for this state of affairs. Our civilian leaders encourage us to be deferential toward our latest commander/savior, whether Tommy Franks in 2003, David Petraeus in 2007, or Stanley McChrystal in 2010. Our media employs retired officers, most of them multi-starred generals, in a search for expertise that ends in an unconditional surrender to military agendas. A cloud of secrecy and “black budgets” combine to obscure military matters, ranging from global strategy to war goals to weapons procurement. The taxpayer, forced to pony up about one trillion dollars yearly to fund our military, national security infrastructure, and wars, is sent a simple message: stay clear and leave it to the experts in uniform.
The powerlessness of ordinary Americans in military matters is no accident. Recall the one-word reply — “So?” — Dick Cheney offered in March 2008, when asked to comment on popular opposition to the war in Iraq. The former vice president was certainly far blunter than Washington usually is, and for that we may owe him a measure of thanks. By highlighting the arrogant dismissiveness of Washington’s warrior-elite when it comes to American public opinion, he revealed more than he intended.
Student Loans: The Government Is Now Officially in the Banking Business
Tuesday 30 March 2010
by: Ellen Brown
hat tip: t r u t h o u t
(Photo: Julio Ibarra Photographer; Edited: Jared Rodriguez / t r u t h o u t)
“We say in our platform that we believe that the right to coin money and issue money is a function of government…. Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank and that the government ought to go out of the banking business. I stand with Jefferson … and tell them, as he did, that the issue of money is a function of the government and that the banks should go out of the governing business.”
- William Jennings Bryan, Democratic Convention, 1896
William Jennings Bryan would have been pleased. The government is now officially in the banking business. On March 30, 2010, President Obama signed the reconciliation “fix” to the health care reform bill passed by Congress last week, which includes student loan legislation called by the President “one of the most significant investments in higher education since the G.I. Bill.” Under the Student Aid and Fiscal Responsibility Act (SAFRA), the federal government will lend directly to students, ending billions of dollars in wasteful subsidies to firms providing student loans. The bill will save an estimated $68 billion over 11 years.
Money for the program will come from the US Treasury, which will lend it to the Education Department at 2.8 percent interest. The money will then be lent to students at 6.8 percent interest. Eliminating the middlemen allows the Education Department to keep its 4 percent spread as profit, money that will be used to help impoverished students. If the Department were to actually set up its own bank, on the model of the Green Bank being proposed in the Energy Bill, it could generate even more money for higher education.
